
Gross Domestic Product (GDP) in Q3/2025
Vietnam’s Gross Domestic Product (GDP) in the third quarter of 2025 is estimated to increase by 8.23% compared to the same period last year, second only to the 14.38% growth rate recorded in Q3/2022 during the 2011-2025 period. Specifically, the agriculture, forestry, and fisheries sector grew by 3.74%, contributing 5.04% to the overall value-added increase of the economy; the industrial and construction sector rose by 9.46%, contributing 46.41%, with manufacturing as a highlight at 9.98% growth; the service sector expanded by 8.56%, contributing 48.55%.
During the Government’s regular meeting in September 2025, Minister of Finance Nguyen Van Thang stated, “Excluding 2022, when growth rebounded due to COVID-19 recovery, this is the highest growth rate for the same period since 2011.”
Regarding GDP utilization in Q3/2025, final consumption increased by 7.79% year-on-year, contributing 59.76% to overall economic growth; asset accumulation rose by 8.97%, contributing 44.67%; exports of goods and services grew by 18.30%; imports of goods and services increased by 18.53%.
How did Vietnam’s GDP growth perform in the first nine months of 2025?
The General Statistics Office (Ministry of Finance) reported that GDP in the first nine months of 2025 grew by 7.85% year-on-year, second only to the 9.44% growth in the same period of 2022 during 2011-2025. Specifically, the agriculture, forestry, and fisheries sector grew by 3.83%, contributing 5.36%; the industrial and construction sector increased by 8.69%, contributing 43.05%; the service sector expanded by 8.49%, contributing 51.59%.

GDP growth rate in the first nine months compared to the same period in previous years (2011-2025). Source: NSO
Despite adverse weather conditions like storms and floods, the agriculture, forestry, and fisheries sector maintained stability through timely disaster response measures. Value-added in this sector grew by 3.83%, second only to 2011, 2018, and 2021 in the 2011-2025 period.
Within this sector, agriculture grew by 3.46%, contributing 3.52%; forestry by 6.46%, contributing 0.42%; fisheries by 4.48%, contributing 1.41%.
In the industrial and construction sector, key industries saw significant growth, driving overall economic expansion. Value-added in industry grew by 8.55%, contributing 35.06%, with manufacturing leading at 9.92% growth, contributing 31.73%. Construction grew by 9.33%, contributing 7.99%.
In the service sector, domestic consumption and tourism surged, particularly during national holiday celebrations, boosting trade and services. Value-added in services grew by 8.49%, second only to 2022’s 11.37% in the 2011-2025 period.
Key service industries contributed as follows: Wholesale and retail grew by 8.28%, contributing 10.72%; transportation and warehousing by 10.68%, contributing 8.92%; finance, banking, and insurance by 7.06%, contributing 5.16%; accommodation and food services by 10.15%, contributing 3.50%.
Vietnam’s economic structure in the first nine months of 2025 was as follows: Agriculture, forestry, and fisheries accounted for 11.30%; industry and construction for 37.58%; services for 42.92%; product taxes minus subsidies for 8.20% (compared to 11.57%, 37.59%, 42.49%, and 8.35% in the same period of 2024).
Regarding GDP utilization in the first nine months of 2025, final consumption grew by 8.07% year-on-year, contributing 73.83% to overall growth; asset accumulation by 8.52%, contributing 41.43%; exports of goods and services by 15.51%; imports of goods and services by 16.75%.
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